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Crew Energy Inc T.CR

Alternate Symbol(s):  CWEGF

Crew Energy Inc. is a Canada-based natural gas company. The Company’s operations are focused primarily in the Montney in Northeast British Columbia (NEBC). It has primarily been focused on continued Montney development of its liquid’s rich natural gas area at Septimus / West Septimus (Greater Septimus), and its light oil weighted asset at Tower, British Columbia. Its Montney area assets include Septimus / West Septimus, Tower, Groundbirch, Attachie, Oak/Flatrock and Portage and are situated in northeast British Columbia. Its operations include liquid-rich natural gas and light oil production from the siltstone Montney formation. At up to 300 meters thick, the Montney is developed with long-reach horizontal wells, completed with water-based fracture stimulations. It holds a land base of over 264,000 net acres, out of which approximately 225,000 net undeveloped acres in the Montney with condensate, light oil, liquids-rich natural gas and dry gas.


TSX:CR - Post by User

Bullboard Posts
Comment by BeatTheOddsSquaon Dec 08, 2019 5:58pm
163 Views
Post# 30434098

RE:Im not selling

RE:Im not sellingGambler , I hope the Kitimat LNG is in service before 2029!

From Chevron News Release Kitimat LNG

The Canada Energy Regulator says it has approved an application from Chevron Canada for a 40-year licence to export natural gas from the proposed Kitimat LNG project despite environmental opposition.
 
The application filed last spring to the National Energy Board, the CER's predecessor, aimed to double the previously approved export licence duration and nearly double the potential output of the facility to 997 billion cubic feet of natural gas per year.
 
That's the equivalent of about 18 million tonnes of liquefied natural gas, a substantial increase over the previous 10-million-tonne, 20-year licence which is set to expire at the end of this year.
 
In its decision letter, the CER notes that it rejected an application from B.C. environmentalist Michael Sawyer to restart the regulatory process and hold a public hearing.

In the fall of 2018, the Shell Canada-led LNG Canada consortium announced it would proceed with its $40-billion, 14-million-tonne-per-year project, also to be built near Kitimat. It's expected to be in service by 2024.

From TC Energy News Release Coastal Gas Link pipeline

Abu Dhabi may make offer to acquire significant portion of Coastal Gas Link pipeline.

Coastal GasLink will connect gas fields in western Canada’s prolific Montney shale formation with the $40 billion LNG Canada project on British Columbia’s coast. The 670-kilometres (416 miles) long pipeline is expected to go into service in 2023.


Bullboard Posts